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Planned Giving

Marion Koogler McNay Legacy Society

The McNay Legacy Society was founded in 2009 to recognize donors who have chosen to remember the museum in their estate plans. The name was selected to honor Marion Koogler McNay's charitable legacy. At her death in 1950, Mrs. McNay left her collection of more than 700 works of art, along with a 24-room Spanish Colonial-revival house, surrounding 23 acres, and an endowment to establish the first museum of modern art in Texas.

The Legacy Society was created to honor donors for their commitment to the McNay and the visual arts. Legacy society members understand the critical importance of securing the McNay's future by providing gifts to support acquisitions, exhibitions, conservation, education and other public programs. Their support of the McNay extends far into the future, even beyond a lifetime of membership, support and volunteer hours.

You can make a difference to the future of the McNay by planning now. Gift planning uses tax laws to enable you to pursue your philanthropic goals while minimizing your cost of giving and maximizing the benefits to yourself and your family. You will have the satisfaction of allowing the McNay to plan for the future realize cherished goals, maintain financial stability, and reach ever-increasing levels of accomplishment.

Benefits of Membership
Members of the Marion Koogler McNay Legacy Society receive invitations to an annual recognition event and other gatherings, and an opportunity to meet other individuals with a common interest in the future of the museum. Members are acknowledged in museum publications (name listed with member's permission).

To Become a Member
Becoming a member of the Legacy Society is simple. In fact, you have already qualified for membership if you have named the McNay Art Museum in your will or trust, or have otherwise included us in your estate plans. When you inform us of your gift, we respect your wishes for participation, whether you wish to be recognized or would prefer to remain anonymous. Any details of your gift are held in strictest confidence.

For information about gifts that provide lifetime income, about including a bequest in your will, or about the Marion Koogler McNay Legacy Society, contact Dianna M. Hopkins, Chief Development Officer at 210.805.1769 or email Your inquiry is confidential.

eBrochure Request Form

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A charitable bequest is one or two sentences in your will or living trust that leave to McNay Art Museum a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

Bequest Language

"I, [name], of [city, state, ZIP], give, devise and bequeath to McNay Art Museum [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to The McNay or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to The McNay as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to The McNay as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and The McNay where you agree to make a gift to The McNay and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.